Luckbox to Freeze B2C Operations

Luckbox to Freeze B2C Operations

Business

09 October 2023 16:07

Luckbox's parent company Real Luck announced its decision to restructure the company. This means a freeze of betting and player registrations on its Luckbox.com B2C platform. Real Luck revealed that they will focus on B2B side. Real Luck signed a LOI recently for an acquisition or a merger.

The company stated "B2C has generated all the company’s revenue to date, but achieving profitability will require significantly more capital than launching the B2B platform.”

Luckbox users will retain their ability to make fund withdrawals. Real Luck assures that these funds are kept separate from the operator's operational funds and will receive continued support.

Tags: Luckbox

Share:

Sources:

Report mistake Submit news

Related news

View All

Everyone's Reviving Old Hardware, and That Tells You Everything

Now we are going back generations, this is a unique moment in hardware industry. Intel reportedly cranking production back up...

Business

Jul 03, 2026

Sony Doubles Down on AI as Foundational to PlayStation's Future

Sony is insisting that its AI use is "less about cost efficiency and more about improving quality and development speed,"...

Business

Jul 03, 2026

Vitality Sign Fiesta to Replace Humanoid for LEC Summer

Team Vitality has announced that An "Fiesta" Hyeon-seo will take over in the mid lane for the LEC 2026 Summer...

Business

Jul 01, 2026

Rockstar Workers Are Unionising When It Hurts Rockstar Most

Workers are twisting the arm of Rockstar to get what they want. Rockstar staff pushing to unionise in the weeks...

Business

Jul 01, 2026

PS6 Reportedly Costs Nearly $1,000 to Build Already

$1000 for PS is not far apparently. The PlayStation 6's manufacturing cost has reportedly climbed to around $960 per unit,...

Business

Jun 29, 2026